Author: Vardiafrica

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Friday commissioned the 10,000 Tons per annum galvanizing plant constructed by Daewoo Engineeering Nigeria Limited, one of the engineering, procurement, and construction (EPC) contractors of the Nigeria LNG Limited (NLNG) Train 7 Project. The ceremony which held at Daewoo Galvanising Plant at Abam-ama, Okrika, Rivers State was attended by the Managing Director and Chief Executive Officer of NLNG, Dr. Philip Mshelbila. The Galvanizing plant is one of the capacity development interventions for the Train 7 project and the establishment is sequel to NCDMB’s…

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday visited the facilities of BEAMCO Nigeria Limited in Lagos and commended the oil and gas service firm for the giant strides it recorded in oil and gas equipment components manufacturing. Specifically he lauded the Nigeria Liquefied Natural Gas (NLNG) Limited, Saipem-Daewoo Joint Venture, and BEAMCO Limited for enhanced in-country value addition, as locally assembled pumps and valves are set for installation and pre-commissioning preparations on the multibillion-dollar NLNG Train-7 project on Bonny Island, Rivers State. Speaking at the load-out ceremony at BEAMCO’s facility at…

In furtherance of its long-standing support to African oil and gas producing countries and development of local content in the continent, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Lagos began a five-day knowledge sharing programme with the Petroleum Commission of Ghana. The engagement seeks to establish technical cooperation between the NCDMB and the Ghanaian Commission through capacity building and learning from the Board’s rich experiences, best practices and procedures in local content development.Part of the objectives are to foster the Petroleum Commission of Ghana’s efforts to institute an effective framework that will enhance compliance and deepen…

The Senate, yesterday, clarified claims by the Senator representing Kano South, Sumaila Kawu, that he earned a cumulative N21million monthly in salary and allowances, saying it was false.But Kawu, has further come out to accuse former President Olusegun Obasanjo of introducing corruption to the National Assembly.At the same time, a former senator for Kaduna Central, Shehu Sani, has reiterated the need for transparency in the handling of parliamentary funds, particularly concerning senators’ salaries and the cost of running their offices. Kawu had in an interview with the BBC Hausa Service on Wednesday claimed that his “monthly salary is less than…

Sweden has confirmed its first case of the more dangerous variant of mpox, marking the first time this strain has been identified outside Africa. The World Health Organization (WHO) has declared the outbreak a global public health emergency. The Swedish Public Health Agency revealed on Thursday, August 15, that the infected individual in Stockholm was diagnosed with the Clade 1b subclade of the virus. This strain has been responsible for a significant surge in cases in the Democratic Republic of Congo (DRC) since September 2023. “A person who sought care in Stockholm has been diagnosed with mpox caused by the…

The Federal Competition and Consumer Protection Commission (FCCPC) and the Economic and Financial Crimes Commission (EFCC) have pledged to strengthen their collaboration to protect Nigerian consumers from exploitation. This commitment was made during a courtesy visit by the Executive Vice Chairman/Chief Executive Officer of the FCCPC, Mr. Tunji Bello, to the Executive Chairman of the EFCC, Mr. Olanipekun Olukoyede, in Abuja Nigeria’s capital. Mr. Bello expressed concern over the increasing cases of arbitrary price hikes, emphasising the need for a joint effort to address the issue. He commended the EFCC’s expertise in surveillance and investigation and sought its support in…

The Federal Government has raised concerns over an attempt by Zhongshan Fucheng Industrial Investment Co. Limited, a Chinese firm, to seize Nigeria’s presidential jets and other offshore assets through a court case in Paris, France. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, stated on Wednesday that the firm is pursuing a fraudulent claim against the Nigerian state, similar to the PI&D case in the UK. According to Onanuga, the case was against Zhongshan Fucheng Ltd and the Ogun State government regarding a 2007 contract between the company and the State Government to manage a free-trade…

Three Nigerian presidential jets, including a newly purchased Airbus, have reportedly been seized by a French court amid legal dispute. Three aircraft associated with the Nigerian government have been seized under the authority of a French court following a protracted legal battle between a sub-national and Zhongshan Fucheng Industrial Investment Co. Ltd, a Chinese company, according to a Premium Times report. The seizure includes a newly acquired Airbus A330 valued at over $100 million. The aircraft in question—a Dassault Falcon 7X, a Boeing 737, and an Airbus A330—had either been part of the Nigerian presidential fleet or were recently purchased by the government. …

The National Judicial Council (NJC) has recommended Justice Kudirat Motonmori Kekere-Ekun to President Bola Ahmed Tinubu for appointment as the Chief Justice of Nigeria (CJN). Disclosing this in a statement on Thursday, NJC spokesman, Soji Oye, said the decision was taken following the Council’s 106th Meeting presided over by the CJN Justice Olukayode Ariwoola. He said the meeting was held on August 14 and 15 in Abuja, just seven days before the retirement of Justice Ariwoola as the CJN. “This is imperative as Hon. Justice Olukayode Ariwoola, GCON, will formally bow out of office as the Hon. Chief Justice of…

The Economic and Financial Crimes Commission (EFCC) is advocating for the creation of a special court to try cases of crude oil theft. The Director of Investigation of the commission, Abdulkarim Chukkol, made this known during the investigative hearing of the House of Representatives special committee on crude oil theft in Abuja on Wednesday. He said over 400 cases were charged to court in 2019, with 200 others prosecuted in 2022. Chukkol believes that a special court and amendment of the legal framework of the agency would help EFCC in addressing crude oil theft. Earlier in June, the Group Chief…